In order to qualify for the brand new fiscal 12 months grant, a county should first comply with annual reporting requirements from the previous year’s funding distribution. As a outcome, we now have established a two-step course of—first, annual reporting; and second, utility for the brand new fiscal yr grant. A tax credit score (not to exceed $100,000) of 50% of the value of a money contribution to a 501 non-public nonprofit corporation engaged primarily in community and financial alternative and is accredited by the Utah Rural Development Council. An additional $200 tax credit, for two consecutive years, for every new position insured underneath an employer-sponsored health insurance program if the employer pays no less than 50% of the premium. An further $500 tax credit score if the brand new position pays at least a hundred twenty five% of the county average month-to-month wage for the respective industry (decided by … Read More
